London / Bloomberg Burberry Group Plc unveiled a multi-year turnaround plan based on a narrower product range, its biggest cost purge in years and a sharper focus on bags and online sales, after lowering profit expectations for the second time in a month. Earnings for the year ending in March are likely to be near the bottom of the ...

  Doha / Bloomberg Qatar Airways Ltd. increased its stake in British Airways owner IAG SA for the second time in less than three weeks, as the Persian Gulf carrier seeks to benefit from closer ties with its European partner. The move lifts Qatar Airways’ holding in IAG to 15 percent from a stake of close to 12 percent, which ...

  London / Bloomberg Comair Ltd., the South African operator of British Airways flights, won a court ruling to continue flying in the country amid a legal investigation into whether the company breaches airline foreign-ownership limits. The High Court of Pretoria granted an interdict to the Johannesburg-based carrier that ensures its license won’t be withdrawn by the Air Services Licensing ...